SUNNYVALE, Calif.--(BUSINESS WIRE)--Nair & Co., the leader in international expansion services has released HR, Regulatory and Taxation updates for companies doing business in Brazil and India. Register for latest Nair & Co. Webinar: Expansion into Asia Pacific Markets.
Brazil Enacts Rigorous Anti Corruption Law
Brazil has finally passed the long proposed Anti Corruption Law which will ensure that Brazilian and foreign companies with offices, branches or agents in the country are strictly liable for acts of corruption against public authorities (either domestically or abroad). The Brazilian President signed the proposed bill into law during the first week of August.
Read more at http://www.nair-co.com/BrazilAntiCorruptionLaw-21-08-2013.aspx
India Issues Draft Safe Harbour Rules on Transfer Pricing
On 14th August, the Indian Government has issued draft provisions on safe harbour regulations, inviting comments from the public. The same will be accepted until August 26, 2013. The draft safe harbour regulations are likely to be applicable for Assessment Years 2013-14 (Fiscal year April 1, 2012 to March 31, 2013) and 2014-15 (Fiscal year April 1, 2013 to March 31, 2014).
Read more at http://www.nair-co.com/IndiaDraftSafeHarbourRules-20-08-2013.aspx
International expansion done right can lead to sustainable growth and ensure the long term success of a company. The wrong move at the wrong time can derail company growth. How do companies make educated strategic decisions in understanding the legal and political, as well as the economic implications of expanding into specific Asia Pacific markets? Register Now
Please check Details at: http://www.nair-co.com/Webinar-ExpansionIntoAsiaPacific.aspx
Date: Thursday Sept 26, 2013; Time: 11:00 am PST/2 pm EST
India Likely to Amend Labour Laws
The Planning Commission of India has recommended an overhaul of the existing labour laws in order to give a boost to the sagging manufacturing sector. Recommendations include moving towards a liberal hire and fire policy for the manufacturing sector, third party auditing to monitor occupational safety and health administration and easing restrictions on working hours.
Read more at http://www.nair-co.com/IndiaLabourLaws-16-08-2013.aspx
India Reduces Overseas Direct Investment Threshold
The Reserve Bank of India (RBI) has recently announced the reduction of thresholds concerning Overseas Direct Investment (ODI) by a domestic company for setting up an entity abroad, with immediate effect. The new provisions are expected to stabilize the Indian Rupee and reduce foreign exchange outflows.
Read more at http://www.nair-co.com/RBIOverseasDirectInvestment-19-08-2013.aspx
International Business Guide
Nair & Co. launches “International Business Guide” online platform featuring information on Employment Laws, Legal Entities, Payroll, Accounts, Corporate and Indirect Taxes across 27 key jurisdictions worldwide. The IBG caters to a need for timely and accurate business information for companies wishing to optimize their multinational operations.
Please Visit at https://ibg.nair-co.com
About Nair & Co.
Nair & Co. provides you with your one touch outsourced finance, HR, legal and global tax compliance department for your international operations. If you are expanding abroad for the first time or increasing your global footprint, our turnkey solutions help you do so with minimal risk, stress and cost. We support 1000+ client operations in over 56 countries and have core offices in U.K., India, China, U.S., Japan and Singapore. Nair & Co. was named among the top 100 outsourcing services providers in the world by the International Association of Outsourcing Professionals (IAOP). Learn more at www.nair-co.com or contact us at http://www.nair-co.com/global-offices.aspx